Omega Owners Forum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Please play nicely.  No one wants to listen/read a keyboard warriors rants....

Pages: [1] 2  All   Go Down

Author Topic: Tariffs.  (Read 252 times)

0 Members and 2 Guests are viewing this topic.

Field Marshal Dr. Opti

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • Utopia
  • Posts: 32312
  • Speaking sense, not Woke PC crap
    • View Profile
Tariffs.
« on: Yesterday at 12:51:11 »

This has well and truly f*ucked up any growth that Rachel from accounts was hoping for. ::)
Logged

Sir Tigger KC

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • West Dorset
  • Posts: 24451
    • Ford Mondeo 2.2TDCi TitX
    • View Profile
Re: Tariffs.
« Reply #1 on: Yesterday at 17:04:14 »

It just shows the complete and utter stupidity of burdening British businesses with excess taxation and regulation.

To be able to deal effectively with adverse global events that wash over us from time to time the country needs to be flexible, agile, and match fit.

In recent years despite Brexit, Whitehall seems to have enthusiastically taken up where the EU left off with the imposition of red and green tape, the Tories jacked up Corporation Tax by 30% just when many businesses were struggling to get off their knees after Covid, and in a couple months Labour destroyed what business and consumer confidence there was with their relentless doom and gloom narrative, then the massive tax hikes in Rach from Complaints dreadful budget, the increase in the minimum wage and the Ginger Growler's new employee rights regulations.

Far from match fit, Britain is an obese couch potato.  ::)
Logged
RIP Paul 'Luvvie' Lovejoy

Politically homeless ......

STEMO

  • Omega Lord
  • *****
  • Offline Offline
  • Gender: Male
  • Posts: 9441
    • Astra 1.6 diesel
    • View Profile
Re: Tariffs.
« Reply #2 on: Yesterday at 17:20:48 »

He's made a right mess of the markets. Oil price is a welcome drop, though

Logged
Diesel till I die

Sir Tigger KC

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • West Dorset
  • Posts: 24451
    • Ford Mondeo 2.2TDCi TitX
    • View Profile
Re: Tariffs.
« Reply #3 on: Yesterday at 18:11:30 »

Well we'll see how this all pans out, but it could be a boon for America Inc. in the long term as their goods become cheaper than imports, and once the initial hysteria subsides, I expect the markets in the US at least will recover.

There have been a few big companies like Taiwan Semiconductors, Eli Lilly and our very own Rolls Royce (Aviation) who have said that they will expand their US operations in response.

It will obviously be painful for the parts of GB Plc who sell their products to customers in the USA.  :-\  Although they will be more competitive than their counterparts in the EU, and other countries with higher tariffs.
Logged
RIP Paul 'Luvvie' Lovejoy

Politically homeless ......

Sir Tigger KC

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • West Dorset
  • Posts: 24451
    • Ford Mondeo 2.2TDCi TitX
    • View Profile
Logged
RIP Paul 'Luvvie' Lovejoy

Politically homeless ......

Field Marshal Dr. Opti

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • Utopia
  • Posts: 32312
  • Speaking sense, not Woke PC crap
    • View Profile
Re: Tariffs.
« Reply #5 on: Yesterday at 19:49:17 »

JCB is 'supposedly' doubling the size of it's planned new factory in Texas.
Logged

Varche

  • Omega Queen
  • *****
  • Offline Offline
  • Gender: Male
  • middle of Andalucia
  • Posts: 13904
  • What is going to break next?
    • Golf Estate
    • View Profile
Re: Tariffs.
« Reply #6 on: Yesterday at 20:24:57 »

Not any new tariffs on Russia.

Nice to see Starmer has a counter list of products to tariff . Insects, Pineapples etc. Trump will be cowering.


Good news . The USA is going to stick with being in NATO but expects member countries to spend 5% of GDP. Good luck getting even Britain , let alone Italy, Spain and Belgium to do that. Where will Britain get it’s steel from to build hardware.
Logged
The biggest joke on mankind is that computers have started asking humans to prove that they aren’t a robot.

Sir Tigger KC

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • West Dorset
  • Posts: 24451
    • Ford Mondeo 2.2TDCi TitX
    • View Profile
Re: Tariffs.
« Reply #7 on: Yesterday at 21:23:04 »

Not any new tariffs on Russia.

Nice to see Starmer has a counter list of products to tariff . Insects, Pineapples etc. Trump will be cowering.


Good news . The USA is going to stick with being in NATO but expects member countries to spend 5% of GDP. Good luck getting even Britain , let alone Italy, Spain and Belgium to do that. Where will Britain get it’s steel from to build hardware.

Chinaaaa!  ;D
Logged
RIP Paul 'Luvvie' Lovejoy

Politically homeless ......

redelitev6

  • Omega Baron
  • *****
  • Offline Offline
  • 0
  • Posts: 2365
    • View Profile
Re: Tariffs.
« Reply #8 on: Yesterday at 22:10:48 »

I see Farage is strangely silent on his best buddy shafting the UK ;)
Logged

STEMO

  • Omega Lord
  • *****
  • Offline Offline
  • Gender: Male
  • Posts: 9441
    • Astra 1.6 diesel
    • View Profile
Re: Tariffs.
« Reply #9 on: Yesterday at 22:31:32 »

I see Farage is strangely silent on his best buddy shafting the UK ;)
We haven't been shafted. Well, only half as shafted as the EU, and only a quarter as shafted as some places.
I think it's that American consumer who's been properly shafted.
Logged
Diesel till I die

Migv6 le Frog Fan

  • Omega Queen
  • *****
  • Offline Offline
  • Gender: Male
  • Webs End.
  • Posts: 12413
  • Nicole's Papa
    • 3.2 Elite. Boxster. C1.
    • View Profile
Re: Tariffs.
« Reply #10 on: Today at 06:38:56 »

I see Farage is strangely silent on his best buddy shafting the UK ;)
We haven't been shafted. Well, only half as shafted as the EU, and only a quarter as shafted as some places.
I think it's that American consumer who's been properly shafted.

No he hasnt. He spoke about it last night.  ::)
Logged
Women are like an AR35. lovely things, but nobody really understands how they work.

Sir Tigger KC

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • West Dorset
  • Posts: 24451
    • Ford Mondeo 2.2TDCi TitX
    • View Profile
Re: Tariffs.
« Reply #11 on: Today at 10:27:54 »

Interesting that  US 10 year Treasury Bond yields have tumbled from 4.8% in January to 3.95% currently, which saves the US taxpayer hundreds of millions in interest payments on America's massive debt pile of around $36.5 trillion.

The biggest drop has happened in the last week from 4.4%, probably as investors have dumped stocks and moved into 'safe haven' bonds instead.
Logged
RIP Paul 'Luvvie' Lovejoy

Politically homeless ......

Doctor Gollum

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • In a colds and darks puddleses
  • Posts: 29623
  • If you can't eat them, join them...
    • Feetses.
    • View Profile
Re: Tariffs.
« Reply #12 on: Today at 10:51:41 »

Bonds are a fools errand. The fact they're falling points to growth elsewhere.
Logged
Onanists always think outside the box.

Marks DTM Calib

  • Administrator
  • *****
  • Offline Offline
  • Gender: Male
  • West Bridgford
  • Posts: 33974
  • Git!
    • View Profile
Re: Tariffs.
« Reply #13 on: Today at 10:52:19 »

Its interesting that the idiot has even applied Tariffs to the likes of the Falkland Islands at 42% and also some uninhabited islands
Logged

Mr Skrunts

  • Get A Life!!
  • *****
  • Online Online
  • Gender: Male
  • Skruntie Land.
  • Posts: 25623
  • 3.O Elite Saloon with all the toys,
    • 2003 CD 2.2 Auto
    • View Profile
Re: Tariffs.
« Reply #14 on: Today at 10:52:57 »

Interestingly I saw on the news that as the stock market has dropped that Gold prices hit an all time high on Monday and then increased again on Tuesday. 
Logged
Ask yourself :  " WHY do I believe in what I believe?"

Remember that my opinions expressed here are not representative of the opinions of other members on the OOF Forum.
Pages: [1] 2  All   Go Up
 

Page created in 0.046 seconds with 21 queries.